Shanghai Bailian (China) Price on August 2, 2024
| 900923 Stock | 0.66 0.02 2.94% |
Below is the normalized historical share price chart for Shanghai Bailian Group extending back to January 05, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Shanghai Bailian stands at 0.66, as last reported on the 24th of November, with the highest price reaching 0.68 and the lowest price hitting 0.66 during the day.
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. Shanghai Bailian appears to be abnormally volatile, given 3 months investment horizon. Shanghai Bailian owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.26, which indicates the firm had a 0.26% return per unit of risk over the last 3 months. By inspecting Shanghai Bailian's technical indicators, you can evaluate if the expected return of 0.82% is justified by implied risk. Please review Shanghai Bailian's Semi Deviation of 1.58, coefficient of variation of 435.22, and Risk Adjusted Performance of 0.1837 to confirm if our risk estimates are consistent with your expectations.
At present, Shanghai Bailian's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 2.2 B, whereas Common Stock is forecasted to decline to about 2 B. . Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.4772 | 50 Day MA 0.5407 | Beta 0.815 |
Shanghai |
Sharpe Ratio = 0.262
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 900923 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.11 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.82 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Shanghai Bailian is performing at about 20% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Shanghai Bailian by adding it to a well-diversified portfolio.
Price Book 0.4416 | Enterprise Value Ebitda 1.927 | Price Sales 0.0788 | Shares Float 831.7 M | Wall Street Target Price 2.51 |
Shanghai Bailian Valuation on August 2, 2024
It is possible to determine the worth of Shanghai Bailian on a given historical date. On August 2, 2024 Shanghai was worth 0.44 at the beginning of the trading date compared to the closed value of 0.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Bailian stock. Still, in general, we apply an absolute valuation method to find Shanghai Bailian's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Shanghai Bailian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Bailian's related companies.
| Open | High | Low | Close | Volume | |
| 0.44 | 0.44 | 0.43 | 0.44 | 172,800 | |
08/02/2024 | 0.44 | 0.45 | 0.44 | 0.45 | 497,118 |
| 0.45 | 0.45 | 0.44 | 0.44 | 302,703 |
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Shanghai Bailian Trading Date Momentum on August 2, 2024
| On August 05 2024 Shanghai Bailian Group was traded for 0.44 at the closing time. The highest price during the trading period was 0.45 and the lowest recorded bid was listed for 0.44 . The volume for the day was 302.7 K. This history from August 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.22% . The trading price change to the current price is 2.22% . |
Shanghai Bailian Fundamentals Correlations and Trends
By evaluating Shanghai Bailian's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Shanghai Bailian's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shanghai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shanghai Bailian Stock history
Shanghai Bailian investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Shanghai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shanghai Bailian will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Shanghai Bailian stock prices may prove useful in developing a viable investing in Shanghai Bailian
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.6 B | 1.4 B | |
| Net Income Applicable To Common Shares | 615.9 M | 705.4 M |
Shanghai Bailian Stock Technical Analysis
Shanghai Bailian technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Shanghai Bailian Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Shanghai Bailian Group cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Shanghai Bailian November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Shanghai Bailian stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shanghai Bailian shares will generate the highest return on investment. By undertsting and applying Shanghai Bailian stock market strength indicators, traders can identify Shanghai Bailian Group entry and exit signals to maximize returns
Shanghai Bailian Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shanghai Bailian's price direction in advance. Along with the technical and fundamental analysis of Shanghai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shanghai to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1837 | |||
| Jensen Alpha | 0.8011 | |||
| Total Risk Alpha | 0.2087 | |||
| Sortino Ratio | 0.1716 | |||
| Treynor Ratio | (0.71) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shanghai Stock analysis
When running Shanghai Bailian's price analysis, check to measure Shanghai Bailian's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shanghai Bailian is operating at the current time. Most of Shanghai Bailian's value examination focuses on studying past and present price action to predict the probability of Shanghai Bailian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shanghai Bailian's price. Additionally, you may evaluate how the addition of Shanghai Bailian to your portfolios can decrease your overall portfolio volatility.
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